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04/10/18 12:07 PM

#18967 RE: Tradernick5 #18964

Greek Banks See $6.5 Billion Hit From New Accounting Rules By
Sotiris Nikas





?March? ?13?, ?2018? ?8?:?45? ?AM Updated on ?March? ?13?, ?2018? ?11?:?08? ?AM

Greek banks have started sending data to European authorities for the stress test. Results are expected in early May, and the lenders say that no major needs for extra capital will arise, as the macroeconomic scenarios are much more lenient than in previous tests. https://www.bloomberg.com/news/articles/2018-03-13/greek-banks-report-6-5-billion-burden-from-new-accounting-rules